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e-Book On The Causes of Economic Growth - Lessons from History download

e-Book On The Causes of Economic Growth - Lessons from History download

by Carlos Sabillon

ISBN: 0875865887
ISBN13: 978-0875865881
Language: English
Publisher: Algora Publishing (January 14, 2008)
Category: Economics
Subategory: Work and Money

ePub size: 1640 kb
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Step by step, Sabillon tests the principal theories on the causes of economic growth against the facts of history.

The only factor that consistently causes growth, he shows, is centralized support for manufacturing, which spurs the creation of new technologies, which lead to wealth creation. Since the earliest of times, human beings have endeavored to uncover the causes of prosperity. Step by step, Sabillon tests the principal theories on the causes of economic growth against the facts of history.

The book will concentrate on the nations in Europe, East Asia, and North America that attained the fastest rates of growth and had .

The book will concentrate on the nations in Europe, East Asia, and North America that attained the fastest rates of growth and had the most influence on world affairs. It will be argued that there is a missing factor, one which has been largely overlooked by economists and social scientists, that is fundamentally responsible for the generation of economic growth. For the purposes of this book, manufacturing will be classified separately, mining shall be included in the primary sector, construction will be placed in a separate category, and services will continue to remain independent. The term manufacturing will therefore not be utilized as synonymous to industry.

Carlos Sabillon holds an advanced degree from the Graduate Institute of International Studies (Geneva, Switzerland) in Economic History, where he specializes in the study of causes of economic growth. His previous books include Manufacturing, Technology, and Economic Growth (. Sharpe In. 2000) and World Economic Historic Statistics (Algora, 2005)

Step by step, Sabillon tests the principal theories on the causes of economic growth against the facts of history.

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The data was extracted from economic, history and economic history books, from the .

Analyzing the data over geography and time, Sabillon concludes that contrary to contemporary wisdom, left to market forces alone the economy will not and does not flourish

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In a sweeping review of economic history, the author presents the salient facts of booms and slowdowns in the major economies of the world, in 50-year intervals and demonstrates the weakness of orthodox theories. The only factor that consistently causes growth, he shows, is centralized support for manufacturing, which spurs the creation of new technologies, which lead to wealth creation.
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